1 Bedrooms Flat for sale in Chapel Street, Manchester, Salford M3 | £ 280,000
Overview
| Price: | £ 280,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Greater Manchester |
| Town: | Salford |
| Postcode: | M3 |
| Address: | Chapel Street, Manchester, Salford M3 |
| Bathrooms: | 1 |
| Bedrooms: | 1 |
Property Description
Affinity Living Embankment West
One Beds from £280,000 to £320,000
Two buildings. One exciting new neighbourhood. Affinity Living Embankment West is the latest addition to the £1.5 billion portfolio of leading UK developer Select Property Group. It’s an address tenants will aspire to live at – and one that is designed to deliver you long-term investment success.
Located at the heart of Manchester’s central business and retail district, these properties will be set in one of the city’s most popular leisure hotspots. Within walking distance of the city’s key employment hubs, popular stores and leisure spots, major transport links and education centres, it’s a location Manchester’s tenant are demanding to live in.
Finished to Select Property Group's signature exceptional contemporary standard – Affinity Living Embankment West boasts premium residential apartments and high-quality communal facilities. Staying to true to the developer’s Affinity Living residential brand standards, Embankment West will be directly targeted at the lucrative Generation Y tenant market in Manchester. With a key focus on community, these breathtaking communal facilities will bring tenants out of their apartments, helping friendships to grow, driving rebooking rates and, consequently, your rental returns.
It also offers you a fantastic opportunity to own prime real estate in Manchester, the uk’s top city for property investment returns. With a rising population and rapidly expanding economy, Manchester’s property shortfall means that, between now and 2022, just 4,000 new purpose-built rental homes in the city will have been delivered despite an 11,000 increase in job numbers. You can achieve capital growth and rental returns projected to be 81% and 40% higher respectively than the national average over the next few years, from a tenant market that has been waiting for Affinity Living Embankment West.
Anticipated gross yields of 6.0% + can be expected.
Payment can be made on the following basis:
- £5,000 reservation fee + £495 admin fee
- 15% on contract exchange
- 15% 1st May 2019
- Balance on completion (less reservation fee)
Ground rent payable of 0.2% of purchase price (fixed for 5 years from completion).
Service charge of £4 per square foot (inclusive of free internet throughout the building and smart technology).
Property Location
Property Marketed by RE/MAX Property Group
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